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J.C. Tran Wins World Poker Challenge

He Continues Hot Streak With a Victory

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J.C. Tran is simply on fire.

Since October of last year, he's cashed eight times for $2.6 million. He won almost $700,000 of that just last night by winning the $5,000 World Poker Tour's World Poker Challenge held at the Grand Sierra Resort in Reno.

Tran outlasted 474 players to win the WPT event. This was the first major tournament he played since finishing second in the WPT L.A. Poker Classic, which attracted so many players (791), that second was worth $1.117 million. He also received a $25,000 entry into the WPT championship for his win in Reno.

He leads the Card Player Magazine Player of the Year race by 656 points with 3,504. Click here to see the complete standings.

The final table of the World Poker Challenge was a tough one, with Tran, Mark Seif, Juan Carlos Alvarado, David Pham, and John Hom. All these players have at least $200,000 in tournaments poker winnings, but Tran has reached the poker stratosphere with more than $4 million in lifetime winnings himself.

Alvarado finished second, winning $366,798. He started the day second in chips with $1.1 million.

Pham started the day with the chip lead, but it was only good for a third-place finish, worth $182,260. It was his seventh cash of the year. He now sits in the third spot on the Card Player Magazine Player of the Year race.

Seif finished fourth and earned $159,478. It was his second cash of 2007, and the first one worth more than $20,000.

Hom was the second player to be knocked out of the final table, and for his fifth-place finish he won $136,695. He started the table as the short stack with $119,000 chips.

And Danny Wong was the first player to leave the final table at the World Poker Challenge, winning $113,913. It was Wong's fourth cash of the year.

Please click here to view the live updates generated by this event to see exactly how each final table hand went down.